Configure ledger allocations and accruals in Dynamics 365 Finance
Accruals are used in accrual accounting to track revenue that is recognized in the period that it's earned in, not when payment is received. Allocations are used to distribute amounts across multiple ledger account combinations. They help to ensure that expenses or revenue is charged to the correct object in accounting.
Learning objectives
In this module, you learn how to:
- Configure and use accruals.
- Configure and use allocations.
Prerequisites
- Basic understanding of finance and accounting processes
- Understand how to set up General ledger in Finance
- The ability to use Finance for basic processing
- General knowledge of basic navigation in Finance